Let’s face it. We’ve all done it before. You start off with a sense of encouragement and motivation to start that assignment. You feel confident and sure of yourself that you can put pen to paper and go on an ‘essay-frenzy’. Nothing can stop you now…… but then…… you see an advert for a Netflix Original Series… or somehow your finger touches the Instagram app… or maybe you just fell asleep. Then, what started off as the beginning of a productive day ends up probably being the best nap you’ve ever had.

Younger entrepreneurs can meet with a number of challenges due to their age. Along with all the stress and difficulties of developing a new business, young entrepreneurs may encounter biased attitudes or be branded as a stereotype by older people they have to deal with. This can form additional barriers to becoming established and respected in the business environment. Here are the top 7 challenges you're likely to face as a young entrepreneur.

When you hear the word psychology, what comes to mind? An asylum filled with raging lunatics and a man in a white coat walking around, nonchalantly jotting down info on a sheet of paper?